BUSINESS NEWS

Mangudya to unveil midterm monetary policy review

The Reserve Bank of Zimbabwe (RBZ) will soon be releasing a midterm monetary policy review providing details on the impact of its policies on economic recovery.The midterm monetary policy review is ex...

By Staff reporter | Published: 24 July 2017

BUSINESS NEWS

Zim fares poorly on global innovation index

INDUSTRY, Education and Government should collaborate in developing innovative solutions to industrial challenges.Addressing captains of industry, university and polytechnics officials during a Scienc...

By Staff reporter | Published: 24 July 2017

BUSINESS NEWS

Tax break for Bulawayo investors

THE Bulawayo City Council has resolved to exempt industries and investors operating under the recently approved Special Economic Zone (SEZs) from paying rates for up to five years to stimulate develo...

By Staff reporter | Published: 24 July 2017

POLITICS

Mugabe acknowledges frailty

In a rare acknowledgement of his frailty, President Robert Mugabe has said he will jump for joy at the loyalty and love shown by his party’s youth wing, but if he can’t jump physically, he’ll us...

By Staff reporter | Published: 23 July 2017

POLITICS

Mugabe's deputies engaged in a cold war

President Robert Mugabe's deputies - Emmerson Mnangagwa and Phelekezela Mphoko - are engaged in a cold war of sorts over the emotive succession debate notwithstanding the camaraderie they exhibit in p...

By Staff reporter | Published: 23 July 2017

BUSINESS NEWS

Civil servants housing scheme details out

Government workers will pay a minimum monthly contribution of US$150 under the Civil Service Housing Scheme, with construction scheduled to begin this year.State officials and civil servants' represen...

By Staff reporter | Published: 23 July 2017

OPINION

'Zimbabwe army to decide Mugabe successor'

Daily News chief writer Fungi Kwaramba sat down with respected University of Zimbabwe Political Science lecturer, Eldred Masunungure, to unpack the thorny succession issue in Zanu-PF, which has caus...

By Staff reporter | Published: 23 July 2017

EDUCATION

Zim struggles to fund new schools curriculum

Government is seeking assistance to fund implementation of the new schools curriculum, with Primary and Secondary Education deputy minister Paul Mavhima saying they will only be able to disburse reso...

By Staff reporter | Published: 23 July 2017

POLITICS

'Mugabe won't name successor'

Controversial former leader of Chipangano, an alleged Zanu-PF terror group, Jim Kunaka, has waded into the ruling party's succession matrix, dismissing suggestions that President Robert Mugabe must n...

By Staff reporter | Published: 23 July 2017

BUSINESS NEWS

Chinamasa roasted on his mid-term budget review

Former Economic Planning minister Tapiwa Mashakada could not contain his anger after Finance minister Patrick Chinamasa delivered a gloomy mid-term budget review last Thursday.Mashakada immediately a...

By Staff reporter | Published: 23 July 2017

BUSINESS NEWS

Weak economy takes toll on Zim showbiz

The severity of Zimbabwe's cash crisis that surfaced after the introduction of bond notes last year and the subsequent disappearance of the Unites States dollar coupled with the general poor performan...

By Staff reporter | Published: 23 July 2017

BUSINESS NEWS

Second-hand clothes traders join bandwagon

Harare's thriving second-hand clothing market has embraced the use of plastic money as traders fear being thrown out of business due to cash shortages, this paper has established.The new way of doing ...

By Staff reporter | Published: 23 July 2017

OPINION

Command agriculture improves food security

Command agriculture is a more than half a billion dollar agricultural scheme focused on contract maize farming, aimed at ensuring food self-sufficiency.It was introduced at the start of the 2016-2017 ...

By Staff reporter | Published: 23 July 2017

BUSINESS NEWS

Zim govt hails NECF policies

The government has commended the National Economic Consultative Forum (NECF) for its role in crafting policies that have lead to social and economic transformation of the country.NECF celebrated its 2...

By Staff reporter | Published: 22 July 2017

POLITICS

'Zim can now restore its status,' says Mugabe

President Robert Mugabe has said that Zimbabwe would soon regain its status of being the "bread-basket of Africa" after the country recorded a bumper maize harvest this year.Mugabe said this while off...

By Staff reporte | Published: 22 July 2017

POLITICS

Grace Mugabe mine wrangle turns ugly

FIRST Lady Grace Mugabe's aides and police officers allegedly fighting on the side of President Robert Mugabe's wife have reportedly "poisoned" mine shafts as a wrangle over a gold-rich claim turned u...

By Staff reporter | Published: 22 July 2017

OPINION

Zim's reckless spending unsustainable

IF there is anything critical to come out of Finance minister Patrick Chinamasa's lacklustre mid-term fiscal policy review statement in parliament yesterday, it is the grim reality that government is ...

By Dumisani Muleya | Published: 22 July 2017

BUSINESS NEWS

Drug-resistant HIV strain hits Zim

Two out of 30 HIV-positive people on anti-retroviral therapy (ART) in Zimbabwe have shown signs of resistance to commonly used and most affordable drugs Efavirenz and Nevirapine, the World Health Orga...

By Staff reporter | Published: 22 July 2017

POLITICS

Mystery shrouds Mugabe accident

Mystery surrounds the car which was involved in a horrific accident with a biker who was leading President Robert Mugabe's motorcade last Saturday.On Saturday, one of the bikers leading the motorcade ...

By Staff reporter | Published: 21 July 2017

POLITICS

Zimbabwe cops training to smile at roadblocks

Zimbabwe is conducting a training programme for police officers to smile more habitually at roadblocks in the hopes of winning over tourists visiting the country's holiday resorts.Home Affairs deputy...

By Staff reporter | Published: 21 July 2017

POLITICS

BMI warns of violence over Mugabe succession

Not for the first time, Zimbabwe has been warned that President Robert Mugabe's failure to resolve the succession issue could plunge the country into bloodletting violence.This comes as much-needed fo...

By Staff reporter | Published: 21 July 2017

BUSINESS NEWS

Crippling power cuts looming

Zimbabwe's power imports for the first quarter of 2017 went up by about 10 percent as local production slumped 23 percent, a development that local energy experts anticipate to result in load shedding...

By Staff reporter | Published: 21 July 2017

BUSINESS NEWS

Cabinet moves to plug financial leakages

BEING conduits for most financial transactions, governments closely watch banks and bank executives who are normally used as mules in illicit financial flows.By their nature, illicit financial flows t...

By Staff reporter | Published: 21 July 2017

BUSINESS NEWS

Govt to take over NRZ, CAAZ debts

THE Government plans to assume debts owed by the National Railways of Zimbabwe (NRZ) and the Civil Aviation Authority (CAAZ) to improve their attractiveness to potential investors, a Cabinet Minister...

By Staff reporter | Published: 21 July 2017

BUSINESS NEWS

US ivory ban lift buoys safari sector

THE Safari Operators Association of Zimbabwe (SOAZ) sees a 30% growth in revenue following the lifting of an ivory ban by the United States, businessdigest reported.The US Fish and Wildlife Service (U...

By Staff reporter | Published: 21 July 2017

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